Looking forward to IKP Working group meeting tomorrow:
DRAFT AGENDA:
New Members Introduction @ts1433 - Introducing Layer 2 Governance Paper
Launching IKP Telegram group for more ad hoc updates and communications
Relaunching the working group call/calendar invite (to invite previous members to a new format and reinvigorate based on engagement)
Updates from any existing work items
Update the website agenda doc link to make it easier to find IKP
Updates on Local BGIN Meetups
Introducing governance into the working group? - Governance, Identity, Key Management and Privacy Working ?
I have written section 7.3 of the white paper. If I have time today, I would be happy to briefly explain the purpose and what I have written. For detailed feedback, I would appreciate if you could leave comments or make corrections directly in the Google document.
Collaboration with RnDAO - Identity and reputation month. Let me know if joining this organisation’s call at the end of the month with fellow identity and reputation experts interests anyone in the group - I’ve shared our research papers which are being included in their research database.
@shiv would like to do a collaboration on his PoW podcast with BGIN IKP on the papers / work (looking at the wallet governance paper)
Wallet Governance Paper
Wallet Risk assessment, attached to the use case
Referencing the historical evidence of failures in wallets earlier in the paper.
Feedback on the Wallet Governance Section of the paper - get more methodology to the scoring system for Pivacy/Secuirty/Ease of Use @saki-otsuki
Feedback on the inclusion of confidential compute/decentralised storage into this paper as a risk mitigation tool for wallet governance. (to be combined with smart wallet and VC/DID technologies.
Layer 2 Governance / Technology Research by @ts1433 - update on the research and understanding of trade-offs, inclusion of MEGAETH L2 research. Introduction of L2 Financial risks.
Looking for feedback on Restaking (eigenlayer) and other L2 / liquid staking/ restaking.
Preparation to share this research in 3 months (L2 meetup in SF)
Blockchain Analytics paper will hopefully be addressed next working group call.
Thank you all for the participation today, some really interesting topics, relevant and in real-time have been explored.
Illicit Finance News
Factual ID data compromised due to centralised data storage vulnerability. Moving towards incremental decentralised storage and improved data protection practices. Incident details. -
WazirX Hack - Major Indian exchange hacked, // looks like a vulnerability in the EOA rather than coercion.
Taiwan Regulation: Taiwan mandates AML registration for crypto firms to enhance anti-money laundering efforts. More details.
Cybersecurity Topic
Synchronization & Incident Response: Emphasis on aligning cybersecurity information sharing in the US with organizations like NIST, MITRE, and ISACs. BGIN’s role in developing standard practices for responsible disclosure and creating CVE codes for crypto vulnerabilities.
Decentralised Custody: Update on decentralized custody document, enhancing data sharing systems and governance.
Global Layer One & Project Agora: Contribution to central bank discussions on global distributed ledgers and comparisons with other networks.
Wallet Governance
Biometric Bound ID Storage: Exploration of using wallets as governance, finance tools, or identity verification through biometrics.
Paper Presentation: Discussion on the Wallet Governance Paper and its implications.
Update for the next working group call - Wallets for Identity
explain the current status of information security and sharing schemes.
Resulting Document
Update the previous papers
Use these as reference points
Table of contents on potential standards
Layer Two meetup in SF
Discover and reach out to those interested in sharing insight in
Liquid security
Restaking
Layer 2 governance
Incident response
Any group members who have connections in SF who would benefit from participation in the Layer Two meetup workshop sessions planned to co-host with ETHGlobal in October?
IKP WG Meeting 10.12 TOPICS / PRESENTATIONS
August 29th 2024
Layer 2 Governance and Security Research Update from @ts1433